Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD ccontinue to move as part of the upward correction and the formation of the bearish wave «Wolfe Wave». Moving averages indicate the presence of a short-term uptrend for the pair. At the time of publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6697. At the moment, we should expect an attempt to grow the pair and test the resistance level near the 0.6725 area. Further, in the framework of the Forex forecast, an attempt to continue the fall of…
Author: forex24pro
Currency pair Dollar Franc USD/CHF continues to move within the correction and the downward channel. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9827. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to fall and test the support area near the level of 0.9760. Then, a rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the target above the level of 1.0025. USD/CHF Forecast Dollar Franc July 2, 2019 In…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a decline and a bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.94. Moving averages indicate a downward trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 2, 2019, we should expect an attempt of growth and a test of the resistance level near 63.65 rubles per US dollar. Then, a rebound and the continuation of the fall of the currency pair in the region below the level…
Bitcoin BTC/USD are trading at the level of 10,917 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $189 367 993 441. Moving averages indicate the presence of a downward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 2, 2019, we expect an attempt at a correction and a test of the resistance level near the area of 11350. Bitcoin Forecast and Analysis BTC/USD July 2, 2019 In favor of falling BTC/USD quotes, a test of…
Ethereum ETH/USD are trading at 291.86 and continue to move within the correction and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $30 699 970 111. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to reduce and test the lower boundary of the rising channel near the area of 285.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential target above the level of 385.00. Ethereum Forecast and ETH/USD Analysis July 2, 2019 An…
Litecoin LTC/USD traded at 121.31 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 480 212 542. Moving averages indicate a short-term uptrend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 105.65. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 150.00. Litecoin Forecast and LTC/USD Analysis July 2, 2019 The test of the support line on the relative…
Ripple XRP/USD are trading at 0.4023 and continue to move as part of the decline and the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $16 994 748 571. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.4075. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.3505. Ripple Forecast and XRP/USD Analysis July 2, 2019 In favor of reducing the XRP/USD quotes, a test of the downward…
Bitcoin Cash BCH/USD are trading at 406.48 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 135 380 572. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 2, 2019, we should expect an attempt to continue the correction and test the resistance level near the 420.00 area. Where can we expect a rebound again and the continuation of Bitcoin Cash digital asset decline with a potential target below…
Stock index Dow Jones continue to move within the growth and the bullish channel. At the time of the publication of the forecast, the index is trading at 26854. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 26655. Where is the rebound expected from and continued growth of the Dow Jones stock index in the area above the level of 27545. Dow Jones Index Forecast and Analysis July 2, 2019 In favor of the rise of quotations of the stock index on July 2,…
Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1381 area. The pair continues to move within the upward correction and the downward channel. Moving averages indicate a bearish trend. Quotes are testing the area between moving averages, which indicates a strong resistance area. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1500. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target for the decline is the area below 1.0755. EUR/USD Forecast and Analysis July 1 —…